Ardagh Metal Packaging S.a. balance sheet

At the end of fiscal 2025, Ardagh Metal Packaging S.a. had total assets of $5.68bn, total liabilities of $6.35bn and shareholders' equity of −$683m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ardagh Metal Packaging S.a.: balance sheet, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	284	257	463	—	—	—	—
Receivables	—	368	512	509	278	332	467
Inventory	—	250	407	567	469	382	509
Total current assets	—	1,037	1,661	1,908	1,505	1,630	1,840
Goodwill	—	1,055	1,010	976	999	966	1,035
Total assets	—	4,254	5,325	5,865	5,669	5,462	5,679
Total current liabilities	—	969	1,400	1,464	1,522	1,448	1,729
Long-term debt	—	2,793	2,831	3,524	3,640	3,797	4,301
Total debt	0	2,835	2,887	3,592	3,734	3,902	4,419
Total liabilities	—	4,206	5,039	5,410	5,563	5,598	6,354
Shareholders' equity	12	48	286	455	100	−142	−683
Net debt (negative = net cash)	−284	2,578	2,424	—	—	—	—
Shares outstanding	—	—	603m	597m	598m	598m	—

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Ardagh Metal Packaging S.a.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ardagh Metal Packaging S.a.